Income Tax

The calculator below will provide an estimate of your income after tax and National Insurance. So, if your salary is changing - perhaps you are getting a new job - you can work out what difference this will make to your income.

Just enter your gross salary and select the relevant S2P (State Second Pension) option.
If you don't know whether you are contracted in or out, please select 'no' in the question below. The calculation will assume that you are contracted in. However, if you are a member of an occupational pension scheme, you have probably contracted out of S2P.

Find out how you can get tax relief by saving in a pension.

Calculator ignores contributions to pensions, Childrens Tax Credit, investment income and benefits-in-kind from employment. The amount shown can only be a broad approximation of the income tax and national insurance liabilities and is not applicable for those people aged over 65 or who are self-employed. This is a guide only. For a detailed analysis please see your Financial Adviser. The calculator above uses the 2008/09 income tax allowances and taxable bands, which come into effect on the 7th September 2008. The above is based on our understanding, as at August 2008 of current taxation, legislation and HM Revenue & Customs practice, all of which are liable to change without notice. The impact of taxation (and any tax reliefs) depends on individual circumstances.